The overall BTC holding of the global private firms surged after February 2021. MicroStrategy, a prominent BI organization, is bullish on BTC with an AUM worth over $6 Billion. BTC holding of private firms increased by 400% in just a year. Source: Bitcoin.com The BTC amount held by private…
Bitcoin, the largest crypto-asset continues to gain institutional interest as Jack Dorsey’s Square reportedly invests $50 million in Bitcoin. CEO Jack announced on Thursday that Square has purchased 4,709 bitcoins, a $50 million investment which represents about 1% of the firm’s total assets. Square announced the acquisition of 4,709…